Quoted from benheck:Agreed. I always start at $1 no matter how valuable, it always reaches the desired bid value and always sells.
It's people who set a minimum bid of the average sell price that have stuff just sit.
It depends. Some people don't want to wait until it ends and want to buy it now like they can on Amazon or have FOMO. If there are only a few interested in you item it might not have a bidding war and sell for that much. Sometimes I use buy it now and other times I start at a dollar. Depends how available the item is from other sellers.
I've sold close to 100k in items on ebay and its great for resale. I recently came across some of my older toys from the 80's and 90's and already made $400 on them. Not sure where else I could get that kind of money that easily.
